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14 February 2007
[Federal Register: February 13, 2007 (Volume 72, Number 29)]
[Notices]
[Page 6774-6776]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13fe07-72]
=======================================================================
-----------------------------------------------------------------------
MILLENNIUM CHALLENGE CORPORATION
[MCC FR 07-02]
Report on Countries That Are Candidates for Millennium Challenge
Account Eligibility in Fiscal Year 2007 and Countries That Would Be
Candidates but for Legal Prohibitions--Update
AGENCY: Millennium Challenge Corporation.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: MCC is providing an update to the report originally submitted
on August 11, 2006 and updated on October 18, 2006, to reflect a change
in the statutory eligibility status of candidate countries.
Report on Countries That Are Candidates for Millennium Challenge
Account Eligibility for Fiscal Year 2007 and Countries That Would Be
Candidates but for Legal Prohibitions--Update
Report on Countries That Are Candidates for Millennium Challenge
Account Eligibility for Fiscal Year 2007 and Countries That Would Be
Candidates but for Legal Prohibitions--Update
Summary
MCC is providing an update to the report originally submitted on
August 11, 2006, as updated on October 18, 2006, to reflect a change in
the statutory eligibility status of candidate countries. This report to
Congress is provided in accordance with section 608(a) of the
Millennium Challenge Act of 2003, 22 U.S.C. 7701, 7707 (a) (``Act'').
The Act authorizes the provision of Millennium Challenge Account
(``MCA'') assistance to countries that enter into compacts with the
United States to support policies and programs that advance the
progress of such countries toward achieving lasting economic growth and
poverty reduction. The Act requires the Millennium Challenge
Corporation (``MCC'') to take a number of steps in determining the
countries that will be eligible for MCA assistance for fiscal year (FY)
2007, based on their demonstrated commitment to just and democratic
governance, economic freedom, and investing in their people, and the
opportunity to reduce poverty and generate economic growth in the
country. These steps include the submission of reports to the
congressional committees specified in the Act and the publication of
notices in the Federal Register that identify:
1. The countries that are ``candidate countries'' for MCA
assistance for FY 2007 based on their per capita income levels and
their eligibility to receive assistance under U.S. law and countries
that would be candidate countries but for specified legal prohibitions
on assistance (section 608(a) of the Act);
2. The criteria and methodology that the MCC Board of Directors
(``Board'') will use to measure and evaluate the relative policy
performance of the ``candidate countries'' consistent with the
requirements of subsections (a) and (b) of section 607 of the Act in
order to select ``MCA eligible countries'' from among the ``candidate
countries'' (section 608(b) of the Act); and
3. The list of countries determined by the Board to be ``MCA
eligible countries'' for FY 2007, with a justification for such
eligibility determination and selection for compact negotiation,
including which of the MCA eligible countries the Board will seek to
enter into MCA Compacts (section 608(d) of the Act).
This report is the first of three required reports listed above.
Candidate Countries for FY 2007
The Act requires the identification of all countries that are
candidates for MCA assistance for FY 2007 and the identification of all
countries that would be candidate countries but for specified legal
prohibitions on assistance. Sections 606(a) and (b) of the Act provide
that for FY 2007 a country shall be a candidate for the MCA if it:
Meets one of the following two income level tests:
Has a per capita income equal to or less than the
historical ceiling of the International Development Association
eligibility for the fiscal year involved (or $1,675 gross national
income (GNI) per capita for FY 2007) (the ``low income category''); or
Is classified as a lower middle income country in the
then-most recent edition of the World Development Report for
Reconstruction and Development published by the International Bank for
Reconstruction and Development and has an income greater than the
historical ceiling for International Development Association
eligibility for the fiscal year involved (or $1,676 to $3,465 GNI per
capita for FY 2007) (the ``lower middle income category''); and
Is not ineligible to receive U.S. economic assistance
under part I of the Foreign Assistance Act of 1961, as amended
(``Foreign Assistance Act''), by reason of the application of the
Foreign Assistance Act or any other provision of law.
Pursuant to section 606(c) of the Act, the Board has identified the
following countries as candidate countries under the Act for FY 2007.
In so doing, the Board has anticipated that prohibitions against
assistance as applied to countries in the Foreign Operations, Export
Financing, and Related Programs Appropriations Act, 2006 (Pub. L. 109-
102) (FY 2006 FOAA) will again apply for FY 2007, even though the
Foreign Operations, Export Financing and Related Programs
Appropriations Act for FY 2007 has not yet been enacted and certain
findings under other statutes have not yet been made. As noted below,
MCC will provide any required updates on subsequent changes in
applicable legislation or other circumstances that affects the status
of any country as a candidate country for FY 2007.
Candidate Countries: Low Income Category
1. Afghanistan
2. Angola
3. Armenia
4. Azerbaijan
5. Bangladesh
6. Benin
7. Bhutan
8. Bolivia
9. Burkina Faso
10. Burundi
11. Cameroon
12. Central African Republic
13. Chad
[[Page 6775]]
14. Comoros
15. Congo, Democratic Republic of the
16. Congo, Republic of the
17. Djibouti
18. East Timor
19. Egypt
20. Eritrea
21. Ethiopia
22. Gambia, The
23. Georgia
24. Ghana
25. Guinea
26. Guinea-Bissau
27. Guyana
28. Haiti
29. Honduras
30. India
31. Indonesia
32. Iraq
33. Kenya
34. Kiribati
35. Kyrgyzstan
36. Laos
37. Lesotho
38. Liberia
39. Madagascar
40. Malawi
41. Mali
42. Mauritania
43. Moldova
44. Mongolia
45. Mozambique
46. Nepal
47. Nicaragua
48. Niger
49. Nigeria
50. Pakistan
51. Papua New Guinea
52. Paraguay
53. Philippines
54. Rwanda
55. Sao Tome and Principe
56. Senegal
57. Sierra Leone
58. Solomon Islands
59. Sri Lanka
60. Tajikistan
61. Tanzania
62. Togo
63. Turkmenistan
64. Uganda
65. Ukraine
66. Vanuatu
67. Vietnam
68. Yemen
69. Zambia
Candidate Countries: Lower Middle Income Category
1. Albania
2. Algeria
3. Belarus
4. Brazil
5. Bulgaria
6. Cape Verde
7. Colombia
8. Dominican Republic
9. Ecuador
10. El Salvador
11. Guatemala
12. Jamaica
13. Jordan
14. Kazakhstan
15. Macedonia
16. Maldives
17. Marshall Islands
18. Micronesia, Federated States of
19. Montenegro
20. Morocco
21. Namibia
22. Peru
23. Samoa
24. Suriname
25. Swaziland
26. Tonga
27. Tunisia
28. Tuvalu
Countries That Would Be Candidate Countries but for Legal Prohibitions
That Prohibit Assistance
Countries that would be considered candidate countries for FY 2007,
but are ineligible to receive United States economic assistance under
part I of the Foreign Assistance Act by reason of the application of
any provision of the Foreign Assistance Act or any other provision of
law are listed below. As noted above, this list is based on legal
prohibitions against economic assistance that apply for FY 2006 and
that are anticipated to apply again for FY 2007.
Prohibited Countries: Low Income Category
1. Burma is subject to numerous restrictions, including but not
limited to section 570 of the FY 1997 Foreign Operations, Export
Financing, and Related Programs Appropriations Act (Pub. L. 104-208)
which prohibits assistance to the government of Burma until it makes
progress on improving human rights and implementing democratic
government, and due to its status as a major drug-transit or major
illicit drug producing country for 2005 (Presidential Determination No.
2005-36 (9/15/2005)) and a Tier III country under the Trafficking
Victims Protection Act (Presidential Determination No. 2005-37 (9/21/
2005)).
2. Cambodia's central government is subject to section 554 of the
FY 2006 FOAA.
3. The Cote d'Ivoire is subject to section 508 of the FY 2006 FOAA
which prohibits assistance to the government of a country whose duly
elected head of government is deposed by decree or military coup.
4. Cuba is subject to numerous restrictions, including but not
limited to section 620A of the Foreign Assistance Act which prohibits
assistance to governments supporting international terrorism,
provisions of the Cuban Liberty and Democratic Solidarity Act of 1996
(PL 104-114), and section 507 of the FY 2006 FOAA.
5. North Korea is subject to numerous restrictions, including but
not limited to section 620A of the Foreign Assistance Act which
prohibits assistance to governments supporting international terrorism,
and section 507 of the FY 2006 FOAA.
6. Somalia is subject to section 620(q) of the Foreign Assistance
Act and section 512 of the FY 2006 FOAA, which prohibit assistance to
countries in default in payment to the U.S. in certain circumstances.
7. Sudan is subject to numerous restrictions, including but not
limited to section 620A of the Foreign Assistance Act which prohibits
assistance to governments supporting international terrorism, section
512 of the FY 2006 FOAA and section 620(q) of the Foreign Assistance
Act which prohibit assistance to countries in default in payment to the
U.S. in certain circumstances, section 508 of the FY 2006 FOAA which
prohibits assistance to a country whose duly elected head of government
is deposed by military coup or decree, and section 569 of the FY 2006
FOAA.
8. Syria is subject to numerous restrictions, including but not
limited to section 620A of the Foreign Assistance Act which prohibits
assistance to governments supporting international terrorism, section
507 of the FY 2006 FOAA, and section 512 of the FY 2006 FOAA and
section 620(q) of the Foreign Assistance Act which prohibit assistance
to countries in default in payment to the U.S. in certain
circumstances.
9. Uzbekistan's central government is subject to section 586 of the
FY 2006 FOAA, which requires that funds appropriated for assistance to
the central government of Uzbekistan may be made available only if the
Secretary of State determines and reports to the Congress that the
government is making substantial and continuing progress in meeting its
commitments under a framework agreement with the United States.
10. Zimbabwe is subject to section 620(q) of the Foreign Assistance
Act and section 512 of the FY 2006 FOAA which prohibit assistance to
countries in default in payment to the United States in certain
circumstances.
Prohibited Countries: Lower Middle Income Category
1. Republika Srpska, which is part of the country of Bosnia and
Herzegovina, is subject to section 561 of the FY 2006
[[Page 6776]]
FOAA, which prohibits assistance to any country, entity, or
municipality whose competent authorities have failed, as determined by
the Secretary of State, to take necessary and significant steps to
implement its international legal obligations with respect to the
International Criminal Tribunal for the former Yugoslavia.
2. China, according to the Department of State, is not eligible to
receive economic assistance from the United States, absent special
authority, because of concerns relative to China's record on human
rights.
3. Fiji Islands are subject to section 508 of the FY 2006 FOAA
which prohibits assistance to the government of a country whose duly
elected head of government is deposed by decree or military coup.
4. Iran is subject to numerous restrictions, including but not
limited to section 620A of the Foreign Assistance Act which prohibits
assistance to governments supporting international terrorism, and
section 507 of the FY 2006 FOAA.
5. Serbia is subject to section 561 of the FY 2006 FOAA, which
prohibits assistance to any country, entity, or municipality whose
competent authorities have failed, as determined by the Secretary of
State, to take necessary and significant steps to implement its
international legal obligations with respect to the International
Criminal Tribunal for the former Yugoslavia. In addition, section 563
of the FY 2006 FOAA restricts certain assistance for the central
Government of Serbia if the Secretary does not make a certification
regarding, among other things, cooperation with the International
Criminal Tribunal for the former Yugoslavia.
6. Thailand is subject to section 508 of the FY 2006 FOAA which
prohibits assistance to the government of a country whose duly elected
head of government is deposed by decree or military coup.
Countries identified above as candidate countries, as well as
countries that would be considered candidate countries but for the
applicability of legal provisions that prohibit U.S. economic
assistance, may be the subject of future statutory restrictions or
determinations, or changed country circumstances, that affect their
legal eligibility for assistance under part I of the Foreign Assistance
Act by reason of application of Foreign Assistance Act or any other
provision of law for FY 2007. MCC will include any required updates on
such statutory eligibility that affect countries' identification as
candidate countries for FY 2007, at such time as it publishes the
notices required by sections 608(b) and 608(d) of the Act or at other
appropriate times. Any such updates with regard to the legal
eligibility or ineligibility of particular countries identified in this
report will not affect the date on which the Board is authorized to
determine eligible countries from among candidate countries which, in
accordance with section 608(a) of the Act, shall be no sooner than 90
days from the date of publication of this report.
Dated: February 7, 2007.
William G. Anderson, Jr.,
Vice President and General Counsel.
[FR Doc. E7-2446 Filed 2-12-07; 8:45 am]
BILLING CODE 9211-03-P
[Federal Register: February 13, 2007 (Volume 72, Number 29)]
[Notices]
[Page 6776-6780]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13fe07-73]
-----------------------------------------------------------------------
MILLENNIUM CHALLENGE CORPORATION
[MCC FR 07-03]
Notice of Quarterly Report (October 1, 2006-December 31, 2006)
AGENCY: Millennium Challenge Corporation.
SUMMARY: The Millennium Challenge Corporation (MCC) is reporting for
the quarter October 1, 2006 through December 31, 2006 with respect to
both assistance provided under section 605 of the Millennium Challenge
Act of 2003 (Pub. L. 108-199, Division D (the Act)), and transfers of
funds to other federal agencies pursuant to section 619 of that Act.
The following report shall be made available to the public by means of
publication in the Federal Register and on the Internet Web site of the
MCC (http://www.mcc.gov) in accordance with section 612(b) of the Act.
Assistance Provided Under Section 605
----------------------------------------------------------------------------------------------------------------
Quarterly
Projects Obligated Objectives disbursements Measures
----------------------------------------------------------------------------------------------------------------
Country: Madagascar Year: 2007
Entity To Which The Assistance Is Provided: MCA Madagascar Total Quarterly Disbursement: $4,823,000
----------------------------------------------------------------------------------------------------------------
Land Tenure Project.............. $37,803,000 Increase Land $0 Legislative proposal
Titling and (``loin de cadrage'')
Security. reflecting the PNF
submitted to Parliament
and passed
Percentage of land
documents inventoried,
restored, and/or
digitized.
Average time and cost
required to carry out
property-related
transactions at the
local and/or national
land services offices.
Time/cost to respond to
information request,
issue titles and to
modify titles after the
first land right.
Number of land disputes
reported and resolved
in the target zones and
sites of
implementation.
Percentage of land in
the zones that is
demarcated and ready
for titling.
Promote knowledge and
awareness of land
tenure reforms among
inhabitants in the
zones (surveys).
Finance Project.................. $35,888,000 Increase $0 Submission to Parliament
Competition in the and passage of new laws
Financial Sector. recommended by outside
experts and relevant
commissions.
CPA Association (CSC)
list of accountants
registered.
Maximum check clearing
delay.
Volume of funds in
payment system and
number of transactions.
[[Page 6777]]
Public awareness of new
financial instruments
(surveys).
Report of credit and
payment information to
a central database.
Number of holders of new
denomination T-bill
holdings, and T-bill
issuance outside
Antananarivo as
measured by Central
Bank report of
redemption date.
Volume of production
covered by warehouse
receipts in the zones.
Volume of MFI lending in
the zones.
MFI portfolio-at-risk
delinquency rate.
Number of new bank
accounts in the zones.
Agricultural Business Investment $17,683,000 Improve $0 Number of rural
Project. Agricultural producers receiving or
Projection soliciting information
Technologies and from ABCs about the
Market Capacity in opportunities.
Rural Areas. Zones identified and
description of
beneficiaries within
each zone submitted.
Number of cost-effective
investment strategies
developed.
Number of plans
prepared.
Number of farmers and
business employing
technical assistance
received.
Program Administration* and $18,399,000 ................... $0 ........................
Control, Monitoring and
Evaluation.
To be allocated**................ $0 ................... $4,823,000 ........................
----------------------------------------------------------------------------------------------------------------
Country: Honduras Year: 2007 Quarter 1
Total Obligation: $215,000,000
Entity To Which the Assistance Is Provided: MCA Honduras Total Quarterly Disbursement: $1,297,000
----------------------------------------------------------------------------------------------------------------
Rural Development Project........ $72,195,000 Increase the $0 Hours of technical
productivity and assistance delivered to
business skills of Program Farmers
farmers who (thousands)
operate small and Funds lent by MCA-
medium-size farms Honduras to financial
and their institutions
employees. (cumulative).
Hours of technical
assistance to financial
institutions
(cumulative).
Lien Registry equipment
installed.
Kilometers of farm-to-
market road upgraded
(cumulative).
Transportation Project........... $125,700,000 Reduce $0 Kilometers of highway
transportation upgraded.
costs between Kilometers of secondary
targeted road upgraded.
production centers
and national,
regional and
global markets.
Number of weight
stations built.
Program Administration* and $17,105,000 ................... $0 ........................
Control, Monitoring and
Evaluation.
To be allocated**................ $0 ................... $1,297,000 ........................
----------------------------------------------------------------------------------------------------------------
Country: Cape Verde Year: 2007
Entity To Which the Assistance Is Provided: MCA Cape Verde Total Quarterly Disbursement: $0
----------------------------------------------------------------------------------------------------------------
Watershed and Agricultural $10,848,000 Increase $0 Productivity:
Support. agricultural Horticulture (tons per
production in hectare).
three targeted Value-added for farms
watershed areas on and agribusiness
three islands. (millions of dollars).
Infrastructure Improvement....... $78,760,000 Increase $0 Volume of goods shipped
integration of the between Praia and other
internal market islands (tons).
and reduce Mobility Ratio:
transportation Percentage of
costs. beneficiary population
who take at least 5
trips per month.
Savings on transport
costs from improvements
(million dollars).
[[Page 6778]]
Private Sector Development....... $7,200,000 Spur private sector $0 Value added in priority
development on all sectors above current
islands through trends (escudos).
increased Volume of private
investment in the investment in priority
priority sectors sectors above current
and through trends.
financial sector
reform.
Program Administration* and $13,270,000 ................... $0 ........................
Control, Monitoring and
Evaluation.
----------------------------------------------------------------------------------------------------------------
Country: Nicaragua Year: 2007 Quarter 1
Total Obligation: $174,925,000
Entity To Which the Assistance Is Provided: MCA Nicaragua Total Quarterly Disbursement: $1,316,000
----------------------------------------------------------------------------------------------------------------
Property Regularization Project.. $26,400,000 Increase Investment $0 Automated registry-
by strengthening cadastre database
property rights. installed Number of
parcels with a
registered title, rural
and urban (total of
21,000 and 22,000,
rural and urban,
respectively).
Projected areas
demarcated.
Number of projected area
management plans
implemented.
Number of conflicts
resolved by program
mediation.
Transportation Project........... $92,800,000 Reduce $0 N-1 Road: Kilometers of
transportation road upgraded.
costs between Leon Secondary Roads:
and Chinandega and Kilometers of secondary
national, regional road upgraded.
and global markets.
Rural Business Development $33,500,000 Increase the value $0 Rural business
Project. added of farms and development centers:
enterprises in the Value of TA and support
region. services delivered to
program businesses.
Improvement of water
supply for farming and
forest production:
Watershed Management
Action Plan.
Funds disbursed for
improvement of water
supply for farming and
forest production
projects.
Program Administration*, Due $22,225,000 ................... $0 ........................
Diligence, Monitoring and
Evaluation.
To be allocated**................ $0 ................... $1,316,000 ........................
----------------------------------------------------------------------------------------------------------------
Country: Georgia Year: 2007 Quarter 1
Total Obligation: $294,693,000
Entity To Which the Assistance Is Provided: MCA Georgia Total Quarterly Disbursement: $11,768,000
----------------------------------------------------------------------------------------------------------------
Regional Infrastructure $211,700,000 Key Regional $0 Reduction in journey
Rehabilitation. Infrastructure time: Akhalkalaki-
Rehabilitated. Ninotsminda-Teleti
(hours).
Reduction in vehicle
operating costs
(cumulative).
Increase in internal
regional traffic
volumes (cumulative).
Decreased technical
losses.
Reduction in the
production of
greenhouse gas
emissions measured in
tons of CO2 equivalent.
Increased in collection
rate of GGIC.
Number of household
beneficiaries served by
RID projects
(cumulative).
Actual operations and
maintenance
expenditures (USD).
Regional Enterprise Development.. $47,500,000 Enterprises in $0 Increase in annual
Regions Developed. revenue in portfolio
companies (in (1,000
USD).
Increase in number of
portfolio company
employees and number of
local suppliers.
Increase in portfolio
companies' wages and
payments to local
suppliers (in 1,000
USD).
Jobs created.
Increase in aggregate
incremental net revenue
to project assisted
firms (in 1,000 USD and
cumulative over five
years).
Direct household net
income (in 1,000 USD
cumulative over five
years).
Direct household net
income for market
information initiative
beneficiaries (in 1,000
USD cumulative over
five years).
[[Page 6779]]
Number of beneficiaries.
Program Administration*, Due 35,493,000 ................... $0 ........................
Diligence, Monitoring and
Evaluation.
To be allocated**................ $0 ................... $11,768,000 ........................
----------------------------------------------------------------------------------------------------------------
Country: Vanuatu Year: 2007 Quarter 1
Total Obligation: $65,690,000
----------------------------------------------------------------------------------------------------------------
Entity To Which the Assistance Is Provided: MCA Vanuatu Total Quarterly Disbursement:
----------------------------------------------------------------------------------------------------------------
Transportation Infrastructure $60,690,000 Facilitate $0 Traffic volume (average
Project. transportation to annual daily traffic).
increase tourism Days road is closed
and business (number per annum).
development.
Number of S-W Bay,
Malekula flights
cancelled due to
flooding (per annum).
Time of wharf (hours/
vessel).
Program Administration*, Due $5,000,000 ................... $0 ........................
Diligence, Monitoring and
Evaluation.
----------------------------------------------------------------------------------------------------------------
Country: Armenia Year: 2007 Quarter 1
Total Obligation: $235,150,000
Entity To Which the Assistance Is Provided: MCA Armenia Total Quarterly Disbursement: $882,000
----------------------------------------------------------------------------------------------------------------
Irrigated Agriculture Project.... $145,680,000 Increase $0 Increase in hectares
agricultural covered by HVA crops
productivity and (i.e., vegetables,
improve quality of potato, fruits,
irrigation. grapes).
Percentage of
respondents satisfied
with irrigation
services.
Share of WUA water
charges compared WUA
annual operations and
maintenance cost
(percentage).
Number of farmers using
better on-farm water
management: drip
irrigation; ET Gage,
and soil moisture
monitoring.
Loans provided under the
project (USD in
thousands).
Rural Road Rehabilitation Project $67,100,000 Better access to $0 Annual increase in
economic and irrigated land in
social Project area
infrastructure. (hectares).
State budget
expenditures on
maintenance of
irrigation system (AMD
in millions).
Reduction in kilowatt
hours used (thousand
KWh).
Share of water losses
compared to total water
intake (percentage).
Share of WUA water
charges compared to WUA
annual operations and
maintenance cost
(percentage).
Program Administration*, Due $22,370,000 ................... $0
Diligence, Monitoring and
Evaluation.
To be allocated**................ $0 ................... $882,000 ........................
----------------------------------------------------------------------------------------------------------------
Country: Benin Year: 2007 Quarter 1
Total Obligation: $305,761,000
Entity To Which the Assistance Is Provided: MCA Benin Total Quarterly Disbursement: $2,097,000
----------------------------------------------------------------------------------------------------------------
Access to Financial Services..... $19,650,000 Expand Access to $0 Strengthen capacity of
Financial Services. select financial
institutions.
Strengthen monitoring
capacity of Supervisory
Authority.
Total incremental
increase in value of
new credit extended and
savings received by
financial institutions
participating in the
project.
Share value of all loans
outstanding that have
one or more
installments of
principal past due over
30 days.
Total number of loans
guaranteed by land
titles, per year.
Access to Justice................ $34,270,000 Improved Ability of $0 Increase efficiency and
Justice System to improved services of
Enforce Contracts courts and the
and Reconcile arbitration center.
Claims. Increase access to court
system.
[[Page 6780]]
Improve enterprise
registration center.
Access to Land................... $36,020,000 Strengthen property $0 Value of investments
rights and made to rural land
increase parcels per year; land
investment in investment data will
rural and urban come from self-reported
land. data through EMICoV.
Value of investments
made to urban land
parcels per year; land
investment data will
come from self-reported
data through EMICoV.
Access to Markets................ $168,020,000 Improve Access to $0 Total volume of exports
Markets through and imports passing
Improvements to through Port of
the Port of Cotonou, per year in
Cotonou. million metric tons.
Program Administration*, Due $22,370,000 ................... $0 ........................
Diligence, Monitoring and
Evaluation.
To be allocated**................ $0 ................... $2,097,000 ........................
----------------------------------------------------------------------------------------------------------------
619 Transfer Funds
-----------------------------------------------------------------------------------------------------------------
U.S. Agency to which funds were Description of program or
transferred Amount Country project
----------------------------------------------------------------------------------------------------------------
USAID.................................. $149,670,094 ......................... Threshold Program.
----------------------------------------------------------------------------------------------------------------
*Program administration funds are used to pay items such as salaries, rent, and the cost of office equipment.
**These amounts represent disbursements made that will be allocated to individual projects in the subsequent
quarter(s) and reported as such in subsequent quarterly report(s).
Dated: February 7, 2007.
Frances C. McNaught,
Vice President, Congressional & Public Affairs, Millennium Challenge
Corporation.
[FR Doc. E7-2447 Filed 2-12-07; 8:45 am]
BILLING CODE 9211-01-P